- cross-posted to:
- usnews@beehaw.org
- cross-posted to:
- usnews@beehaw.org
KEY POINTS
- Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending.
- Trump has sent mixed messages on military spending throughout his 2024 campaign and in the early days of his presidency.
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Whelp, he’s toast. The last Prez to threaten that got domed while visiting Texas.
Bush threatened that. Then 9/11 happened.
Literally was listening to NPR on the way to work that day and Rumsfield was on talking about making cuts to the military.
Here’s hoping 🤞
Came in to say the exact same thing.
Spot on. Johnson got the message and the 12 years were spent in SE Asia. In this case, the AI sector, especially Palantir Technologies, will be just as pissed off.
I don’t like it when I agree with the general notion of something Trump says or does. Makes me feel dirty.
Broken clocks. If its any consolation he could be, variously-
- Floating random shit. Common Trump talk.
- Actually wanting to weaken the U.S. militarily, to the benefit of his leash holders.
- Fishing for bribes.
3 is my guess. Look at tiktok
Wait until you see how i gets halved. Im willing to bet they axe the VA, any scholastic programs, ROTC et al as most policies are about destroying America.
Thats the magic of trump though, when he’s vague about things he can sometimes spin them as something agreeable. My guess is he’ll keep the regime change bullshit and nix stuff like burn pit procedures, ukraine support, and veterans benefits
He’ll direct the savings to creating a new internal police force.
If he actually halves Pentagon Spending, that would be… the first good deed he’s ever done.
He never will. He sent a message for weapon manufacturer CEOs to chip in, and off course they will gladlyl buy him just like how silicon techies did
Exactly, this is just fishing for a bribe, just like the tariffs. Bribe Trump enough and your program or industry will get a loop hole or passed over for 6 months or whatever.
I can see him doing away with seasonal clock shifts by accident at some point.
Wow, they tanked *checks notes* 1.6% and 3.6%. Woooow
They probably shorted them first
I’m guessing this is all just a ploy to make Lockheed, Northrup, and Raytheon kiss the ring.
Next week, all the classified work will be contracted to them for a steal of only thrice the price, but only once they’ve publicly kissed his ass enough.
Lockheed, Northrup and Raytheon would learn Farsi in a blink if it gave them a better bottom line
Please keep fucking with the defense contractors, surely they won’t take any drastic measures against you
If he actually tried to follow through, there would actually probably be a military coup.
In America.
Would be a good thing if it would actually happen but we all know it won’t. Happy to be proven wrong however
The military is a jobs program. It’s paying for a ton of education and scientific research too. The first thing to go is going to be the scholarships not the guns.
Would it be a good thing? A lot of our power comes from military spending
We spend more on our military than the next 9 countries combined not including our dark operations that we can’t account for in our budget already.
We could cut our military in half and still be the best funded military in the world.
That problem isn’t other nations, it’s the US and the military industrial complex
Have you ever read the unclassified annual threat assessment? There is an official report the intelligence comminity puts out every year detailing what other nations are doing around the world. And that’s just what theyre allowed to tell us.
Ive read it, and if you look at what they detail out for chinas militarzation moderniation plans, theres not many reasons theyre doing what theyre doing unless to compete with the USA. Not to mention, chinas going faster than what originally was thought, and theyre becoming less reliant on other nations to do it. Thats just 1 nation. The usa has stuck its nose in too many peoples business that if they stop the arms race, there could be a lot of nations coming knocking. Weve painted ourselves into a corner (or at least have the perception of it).
Edit: all that said, theres definitely ways to be more fiscally responsible with our military spending… just look at the f35 or the sentinel program
The poor F35. Another example of why you don’t build planes by committee.
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But we also sell a lot of that military equipment to allies, making everyone stronger and recouping some of that spending at the same time.
A quick search shows about $300b in sales last year with a spending budget about $800b. Of course, that depends on whether Ukraine survives to be able to repay its debt. But even if it can’t, all the military spending goes to US owned companies or citizens (our soldiers) which circulates in the domestic economy.
Good news, we’re about to have a lot less allies!
And sell a lot of equipment to genocide perpetrators.
Considering how we’ve used that power in Afghanistan, Iraq, and Vietnam? Yes, its a good thing.
The US shouldn’t have the power that it does, so yes. It would be a good thing.
But if the alt is china, of course the usa is a better option.
And it’s due you lose some
It doesn’t need to be halved. They just need to figure out where a large portion of the money goes, since they can’t seem to account for it.
Putler told Trump to disarm the US lol.
Oh if anyone is going to be successful in Kennedy-ing a President, it would be the military-industrial complex.
Keep cutting spending Donald, you’re doing a great job!
I had the “wait, a good thing?” reaction too.
But thinking about potential underlying motivations, it makes complete sense that the compromised traitor holding the reins would want to weaken the military at the same time as destroying the government.
Or maybe it isn’t to help other dictators, and he just wants the opportunity to weed out more people who are loyal to the constitution.
This may signal he is getting pushback from the military which is a very good thing. If he is serious about Canada and Greenland he will need a strong military. It makes no sense to start cutting the budget now.
Refusing unlawful orders is always cool and moral.
Well, couldn’t the M1 Abrams be replaced with cheaper Tesla cybertrucks?
“Sir, half of our swastitanks have burned to the ground.”
“Who attacked them?”
“Attacked?”
It just rained sir.
nooooo!! my lockheed shares!!!
Are you kidding … who the hell believes anything this idiot says any more. If any one does, then you are just as dumb or dumber than this orange cheeseball.
He is the master of deception, lies and misdirection … he’ll say one thing, everyone panics and runs around scared or angry and while they panic, he goes behind everyone to pull off some cheesy lame ass scam that would have been easy to stop otherwise but he gets away with it because everyone is preoccupied.
The stocks will jump up and down at his every whim and because he is the one directing the show, he’ll profit by betting on when the fall occurs and when the rise returns. He’ll skim off everyone’s wealth over and over again until we’re all bled dry.
